IMF says Sri Lanka’s economic recovery shows signs of improvement but challenges remain
COLOMBO, Sri Lanka (AP)- Debt-stricken Sri Lanka, which declared bankruptcy last year, is showing signs of economic improvement but its recoveryContinue Reading
COLOMBO, Sri Lanka (AP)- Debt-stricken Sri Lanka, which declared bankruptcy last year, is showing signs of economic improvement but its recoveryContinue Reading
(Bloomberg) — After topping global currency rankings this year, analysts are predicting tough times ahead for the Sri Lankan rupeeContinue Reading
Manila (AFP)- The Asian Development Bank approved a $350 million loan on Monday for bankrupt Sri Lanka, buttressing an IMFContinue Reading
COLOMBO, May 26 (Reuters) – Sri Lanka’s tea production in the first four months of 2023 dropped 20% to aContinue Reading
TOKYO (Reuters) -Debt-laden Sri Lanka should be able to conclude a new round of restructuring talks by September or NovemberContinue Reading
Sri Lanka’s navy said Wednesday it had located 14 bodies inside a Chinese fishing boat that had capsized last weekContinue Reading
The International Monetary Fund asked Sri Lanka Tuesday to speed its debt restructuring and warned any delays could undermine effortsContinue Reading
COLOMBO, Sri Lanka (AP) — Chinese petroleum giant Sinopec signed an agreement with Sri Lanka on Monday to enter intoContinue Reading
Sri Lanka’s sports minister suspended controversial regulations on term limits on administrators and allowed the cricket board to re-elect its office bearersContinue Reading
Sri Lanka’s rupee dropped below 300 against the U.S. dollar for the first time in over a year as theContinue Reading